Under New York State Senate Bill S5026, effective from May 20, 2024, all freelance contracts in New York valued at $800 or more must include the following details:

• The name and mailing address of both the hiring party and the contractor.

• A detailed list of services provided by the contractor, including the value of these services.

• The payment rate and method.

• The deadline for payment by the hiring party, or the method for determining this date.

• The deadline for the contractor to submit an invoice or list of services rendered.

• A signature from the contractor, confirming agreement to the terms.

The above can be copied and used as the basis of agreements that you send to freelancers.

Freelancers are granted a 6-year period to file complaints regarding noncompliance with this law. Employers found repeatedly noncompliant may incur fines up to $25,000.

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New York State Senate Bill S5026 Summary

Full Text of New York State Senate Bill S5026